Saltus launches global equity fund

By: Dan Jones | 04 Jan 2012

Discretionary fund manager Saltus has launched a global equity fund in an extension of its IFA-focused offerings.

Managed by partner Dan Kemp (pictured) and the Saltus investment team, the Saltus Global Equity fund is a long-only fund of funds that will sit in the IMA Global sector, benchmarked against a composite index comprised of 50% UK equities and 50% global ex-UK equities.

The offering will invest in actively-managed equity funds as well as ETFs and other passive instruments, and forms part of Saltus’ overall discretionary portfolio rather than acting as a stand-alone product.

“Fund selection is assisted by a unique quantitative tool enabling Saltus to identify those managers most likely to add value through the economic cycle,” said Kemp.

“Although long-only in character, the fund can use derivatives to hedge unwanted exposure, reflecting the strong risk management framework that characterises all of Saltus’ portfolios.”

With an AMC of 1% and no minimum investment, the new launch will sit with the company’s existing funds of funds, such as the Saltus Wealth and Multi Asset Class funds. These have been used to create risk-based, multi-asset portfolios for IFAs.